Copyright 2005 by Garrett Sutton, Esq.
All rights reserved.
Published by Warner Books in association with CASHFLOW Technologies, Inc., and BI Capital Inc.
CASHFLOW, Rich Dad, Rich Dad's Advisors, Rich Dad's Seminars, Journey to Financial Freedom, the BI Triangle, and CASHFLOW Quadrant (ESBI Symbol) are registered trademarks of CASHFLOW Technologies, Inc. Rich Kid Smart Kid, Rich Dad Australia, Rich Dad's Coaching, are trademarks of CASHFLOW Technologies, Inc.
Warner Books
Hachette Book Group
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New York, NY 10017
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First eBook Edition: July 2005
ISBN: 978-0-446-55047-5
My poor dad often said, What you know is important. My rich dad said, If you want to be rich, who you know is more important than what you know.
Rich Dad explained further saying, Business and investing are team sports. The average investor or small-business person loses financially because they do not have a team. Instead of a team, they act as individuals who are trampled by very smart teams.
That is why the Rich Dad's Advisors book series was created. Rich Dad's Advisors will offer guidance to help you know who to look for and what kind of questions to ask so you can gather your own great team of advisors.
Find out more about Rich Dad's Advisors:
www.RichDadsAdvisors.com
Other Bestselling Books
by Robert T. Kiyosaki with Sharon L. Lechter
Rich Dad Poor Dad
What The Rich Teach Their Kids About Money
That The Poor And Middle Class Do Not!
Rich Dad's CASHFLOW Quadrant
Rich Dad's Guide To Financial Freedom
Rich Dad's Guide to Investing
What The Rich Invest In, That The
Poor and Middle Class Do Nod!
Rich Dad's Rich Kid Smart Kid
Give Your Child A Financial Head Start
Rich Dad's Retire Young Retire Rich
How To Get Rich Quickly And Stay Rich Forever
Rich Dad's Prophecy
Why The Biggest Stock Market Crash In History Is Still Coming
And How You Can Prepare Yourself And Profit From It!
Rich Dad's Success Stories
Real Life Success Stories from Real Life People
Who Followed the Rich Dad Lessons
Rich Dad's Guide To Becoming Rich
Without Cutting Up Your Credit Cards
Turn Bad Debt into Good Debt
Rich Dad's Who Took My Money?
Why Slow Investors Lose and Fast Money Wins!
Rich Dad Poor Dad for Teens
The Secrets About Money
That You Don't Learn in School!
Rich Dad's Escape from the Rat Race
How to Become a Rich Kid by Following Rich Dad's Advice
Other Bestselling Books by
Rich Dad's Advisors
Protecting Your #1 Asset
Creating Fortunes from Your Ideas
An Intellectual Property Handbook
by Michael Lechter, Esq.
SalesDogs
You do not have to be an attack dog to be successful in sales
by Blair Singer, Sales Communication Specialist
Own Your Own Corporation
Why the rich own their own companies and everyone else works for them
by Garrett Sutton, Esq.
How to Buy and Sell a Business
How You Can Win in the Business Quadrant
by Garrett Sutton, Esq.
The ABC's of Building a Business Team That Wins
The invisible Code of Honor that takes ordinary people
and turns them into a championship team
by Blair Singer, Sales Communication Specialist
The ABC's of Real Estate Investing
The secrets of finding hidden profits most investors miss
by Ken McElroy
The ABC's of Getting Out of Debt
Trade your bad debt for good debt and your bad credit for good credit
by Garrett Sutton, Esq.
OPM Other People's Money
How to attract Other People's Money for your investments the ultimate leverage
by Michael Lechter, Esq.
The ABC's of Writing Winning Business Plans
How to prepare a business plan that others will want to read and invest in by Garrett Sutton, Esq.
This publication is designed to provide general information regarding the subject matter covered, However, laws and practices often vary from state to state and are subject to change. Because each factual situation is different, specific advice should be tailored to the particular circumstances. For this reason, the reader is advised to consult with his or her own advisor regarding that individual's specific situation.
The author has taken the reasonable precautions in the preparation of this book and believes the facts presented in the book are accurate as of the date it was written. However, neither the author nor the publisher assume any responsibility for any errors or omissions. The author and publisher specifically disclaim any liability resulting from the use or application of the information contained in this book, and the information is not intended to serve as legal and professional advice related to individual situations.
First and foremost, the author would like to acknowledge the contributions of Eric Kufel, Chief Executive Officer of The Rich Dad Company. Eric's review, insights, and comments have been of great assistance in the drafting of this book.
The author would also like to acknowledge the efforts of Monica Myles and Joanne K. Ryan in the editing and shaping of the manuscript. Robert Kiyosaki, Sharon Lechter, Mona Gambetta, and Cheridan Spanos of the Rich Dad organization are saluted for keeping the project on track, as is ban Ambrosio with Warner Books. Thanks are also exended to Ron-Sacchi of Avelent Consulting and Lori Bosma of Sierra Financial for their assistance.
As always, I would like to thank my wife, Jenny, and children, Teddy, Emily, and Sarah, for their continued patience as these books are being written.
When I left the Marines I had to decide which father's advice to follow. My real father, my poor dad, wanted me to go back to school and get agood job with a big corporation so I could climb the corporate ladder as an employee. My best friend's father, my rich dad, advised me to build my own corporate ladder as an entrepreneur. But he also told me that if I wanted to become an entrepreneur I first had to learn how to sell. So I joined Xerox for the sole purpose of learning to sell. I had decided that I was going to become an entrepreneur.
When I was ready to make the leap from employee to entrepreneur, I had already become the top salesperson for Xerox. I was even more committed to becoming an entrepreneur because I had realized that I did not want to work harder and harder for the next thirty years to make someone else rich. Iwanted to work less and less to make more and more to make- my self rich and pay less in taxes, just like my rich dad taught me. When I went to tell him the great news, he bluntly asked me one question, Are you will-ing to pay the price?